Leonard Mirman Explained

Leonard J. Mirman
Birth Date:March 19, 1940
Birth Place:New York City
Nationality:American
Fields:Mathematical economics
Econometrics
Workplaces:University of Virginia
Alma Mater:University of Rochester
New York University
Brooklyn College
Thesis1 Title:and
Thesis2 Title:)-->
Thesis1 Url:and
Thesis2 Url:)-->
Thesis1 Year:and
Thesis2 Year:)-->
Doctoral Advisor:Johannes Kemperman

Leonard Jay Mirman (March 19, 1940 – September 6, 2017) was an American mathematician and economist. He was the Paul G. McIntire Professor of Economics at the University of Virginia. Mirman was known for his contributions to economics of uncertainty.

A native of New York City, Mirman earned a bachelor's (1963) and a master's degree (1965) in mathematics from Brooklyn College and New York University, respectively. Then he enrolled at the University of Rochester, majoring in economics. He received his MA in June 1968, and his Ph.D. in 1970.

While still a graduate student, Mirman started a paper with William A. Brock, who was then an assistant professor in the department, that augmented the Ramsey–Cass–Koopmans model with stochastic technology progress.[1] As business cycle fluctuations arise naturally in this setup, the Brock–Mirman model became the foundation of real business cycle theory, which is at the heart of modern macroeconomics and growth theory.[2] [3]

External links

Notes and References

  1. Brock . William A. . William A. Brock . Leonard J. . Mirman . 1972 . Optimal Economic Growth and Uncertainty: The Discounted Case . . 4 . 3 . 479–513 . 10.1016/0022-0531(72)90135-4 .
  2. Book: Young, Warren . Real Business Cycle Models in Economics . London . Routledge . 2010 . 978-0-415-47569-3 .
  3. Web site: Department of Economics : University of Rochester.